February 27, 2023
A federal judge in Detroit on Thursday dealt a blow to a U.S. labor agency by drastically narrowing his recent order that had barred Starbucks Corp SBUX.O from retaliating against pro-union workers nationwide to cover only one Michigan store. U.S. …
February 27, 2023
Norfolk Southern Corp. this week can resume shipments of hazardous waste from the site of its freight train derailment in Ohio, a US official said Sunday. Federal officials ordered the railroad last week to pause waste removal at the site, …
February 27, 2023
Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost enough to counterbalance the deteriorating results from the conglomerate’s personal lines insurer GEICO. In fact, while GEICO’s pretax underwriting loss …
February 27, 2023
North Carolina business and insurance magnate Greg Lindberg has been indicted again on federal criminal charges, this time on accusations that he conspired to skim large amounts of money from his insurance companies, then lied about it to regulators to …
February 27, 2023
Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of $25.1 million in its fourth quarter, a sharp increase from the previous quarter. On a per-share basis, the Fort Lauderdale, …
February 27, 2023
The Kentucky Senate voted Friday to provide teachers with liability insurance coverage as a cushion against financial losses when forced to defend themselves against work-related lawsuits. The bill would require Kentucky school districts to provide teachers with primary liability insurance …
February 27, 2023
A South Florida city has reached a $2 million settlement with the family of a Black motorist who was fatally shot by a police officer after his vehicle broke down on an interstate off-ramp more than seven years ago. The …
February 27, 2023
NORTH WILDWOOD, N.J. (AP) — The sandstorm being waged between New Jersey environmental officials and a defiant shore town bolstering its dunes without state permission is intensifying. The state Department of Environmental Protection said Thursday that it has fined North …
February 27, 2023
Lithium ion batteries used to power electric bicycles and scooters have already sparked 22 fires that caused 36 injuries and two deaths in New York City this year, four times the number of fires linked to the batteries by this …
February 27, 2023
A balcony on a high rise condominium on the New Jersey shore collapsed onto a lower balcony, killing a construction worker, authorities said. Officials in Sea Isle City said the eighth-floor balcony at the Spinnaker condominium collapsed onto the seventh-floor …